WeWork troubles deepen as SoftBank pulls $3 billion tender offer

SoftBank Group said it has terminated a $3 billion tender offer for additional WeWork shares agreed last year with shareholders, drawing threats of legal action and plunging the fl...


JD.com hires banks for a Hong Kong listing as early as mid-year – sources

Chinese e-commerce retailer JD.com Inc has hired Bank of America and UBS to work on a second listing in Hong Kong, the latest to join the queue of Chinese companies expected to fol...

Platform Industry: Tencent logo at an event

Exclusive: Tencent-backed WeDoctor invites banks to lead $1 billion Hong Kong IPO, sources say

WeDoctor will push ahead with a Hong Kong listing and invite pitches from investments banks next week to lead an IPO valuing the Chinese healthcare platform at up to $10 billion, t...

Megvii IPO

Exclusive: Blacklisted Megvii’s $500 million Hong Kong IPO hit by regulatory setback – sources

HONG KONG – Chinese AI firm Megvii Technology’s plans for a $500 million listing in Hong Kong have been dealt a setback, with regulators in the city asking the company ...


Alibaba, Aramco share sale bonanza fails to deliver banks fee windfall

A late-year rush of giant global share sales led by Alibaba’s $13 billion Hong Kong listing and Aramco’s $26 billion initial public offering is failing to deliver an eq...

Platform News: Alibaba online marketplace

Alibaba will raise up to $12.9 billion in Hong Kong listing – sources

– Alibaba will raise up to $12.9 billion in its Hong Kong secondary listing, two sources with direct knowledge of the matter said.

Megvii IPO

China’s Megvii seeks approval for Hong Kong IPO despite US blacklist – sources

HONG KONG – Chinese artificial intelligence firm Megvii Technology Ltd plans to seek listing approval on Thursday for a Hong Kong IPO of at least $500 million, people with kn...

Alibaba’s books close early in $13.4 billion Hong Kong listing: sources

HONG KONG – Alibaba will close its order books early to prospective institutional investors as part of its $13.4 billion secondary listing in Hong Kong, according to two peop...


Explainer: Why is Alibaba listing in Hong Kong?

HONG KONG – Chinese e-commerce giant Alibaba is set to price its first share sale in Hong Kong next week, raising up to $13.4 billion in what will be the largest deal in the ...

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